logo
episode-header-image
Oct 2022
23m 24s

Amin Salam: Is Lebanon heading for meltd...

Bbc World Service
About this episode

Lebanon is experiencing one of the most disastrous economic collapses of the last 100 years. The national economy is less than half the size it was just three years ago, while people are holding up banks in a desperate attempt to get their money out amid rampant inflation and a currency crisis. Stephen Sackur interviews Amin Salam, Minister of Economy and Trade for Lebanon. Politicians have failed the country for decades - will that change before the meltdown is complete?

Up next
Jul 16
Christopher Nolan, director: We need to take risks
“The biggest risk in motion pictures is to not take a risk. You have to be putting it out there and offering people something new, and that's what will get them out of their houses.”Katie Razzall speaks to Oscar-winning filmmaker Christopher Nolan. The 55-year-old, whose directin ... Show More
23m 46s
Jul 14
Jim Continenza, Kodak CEO: Reinventing a brand
“We were losing about $160 million a year. We burned through our cash and we had to make some changes. I don’t mean a financial restructuring. I mean transformation of the business. It’s a skill and an art. I asked, ‘What does Kodak do today?’ and I couldn’t get an answer. And I ... Show More
22m 59s
Jul 12
Patrick Tiernan: War risk is being rewritten
“As there is more drone warfare, more artificial intelligence in the decision making, we’re going to have to completely reimagine how we cover [war]”Business presenter Felicity Hannah speaks to Patrick Tiernan, who runs the 337-year-old insurance marketplace, Lloyds of London. He ... Show More
22m 59s
Recommended Episodes
Aug 2021
Is Lebanon a failed state?
<p>Gideon Rachman talks to Chloe Cornish, the FT’s Middle East correspondent, on how decades of misgovernance have led to Lebanon’s current political, economic and social&nbsp;crisis. Chloe recounts how the year since the explosion in Beirut, the country’s capital city, has been ... Show More
22m 15s
Jun 2023
How Lebanon’s economy collapsed
Protests, power cuts and bank hold-ups – Lebanon was already struggling before the 2020 port explosion that devasted its capital, Beirut, but now it’s in a desperate economic collapse. The Lebanese people are struggling to buy basic food and medicine. And the country also hosts t ... Show More
18m 56s
Aug 2020
Ep 82 | What America Can Learn from Lebanon's Financial Crisis | Guest: Patrick Mardini
Matt Kibbe sits down with Patrick Mardini, founder of the Lebanese Institute for Market Studies, to talk about the recent explosion that rocked the port of Beirut, killing hundreds. It turns out that a big part of the problem was mismanagement by the Lebanese government, which at ... Show More
39m 49s
Jun 2021
Lebanon sinks further into crisis
The World Bank has declared Lebanon's to be "enduring a severe and prolonged economic depression" and said it is one of the worst economic crises since the mid-19th century. As fuel and food supplies dry up, and cash reserves dwindle, Lebanese economic columnist and former bank e ... Show More
17m 28s
Sep 2021
Lebanon in dire need
The new Lebanese government has been in place for a week, but with the economy still spiraling, Lebanese people lack confidence anything will be done in the short term to relieve the extreme economic crisis. Mohamed El Aassar, Middle East journalist with Fortune Magazine, tells t ... Show More
17m 28s
May 2021
Episode 20 - Anatomy of a Crisis: Controlling Hyperinflation in Lebanon
<p>Dr. Patrick Mardini, the founder and president of the Lebanese Institute for Market Studies, explains to Bilal El-Amine Lebanon's multilayered economic and financial crisis, focusing on the decline of the national currency and the role of the Lebanese Central Bank before and a ... Show More
29m 51s
Aug 2021
A country in crisis: Lebanon one year after the Beirut blast
A year after Beirut’s deadly port explosion, Lebanon’s economy is in freefall and protesters have hit the streets. Journalist Rebecca Collard gives us the backstory. 
20m 38s